BUZZ-Deutsche Bank initiates coverage on some US trucking firms

Reuters
03-07
BUZZ-Deutsche Bank initiates coverage on some US trucking firms

** Deutsche Bank initiates coverage on some U.S. trucking firms, including CH Robinson CHRW.O and Old Dominion ODFL.O, with "buy" rating

** Says ODFL's financial position will strengthen in the next up-cycle, "as the co benefits from better fixed-cost absorption"; PT at $236

** Sets PT of $129 on CHRW, a 31% upside to stock's last close

** Also starts J B Hunt JBHT.O with "hold" rating; PT at $167, a 3% upside to stock's last close

** Rates for cross-border trucking to and from the U.S. jumped amid new tariffs on Canada and Mexico, as cos scrambled to accelerate shipments ahead of an expected increase in costs

** YTD, S&P 500 Transportation Index .SPLRCTRN down 1.4%

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10